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North Korea bears the brunt of the crypto market crash

Published

2 years ago

June 29, 2022

ticker NEWS

The crypto market crash is impacting North Korea’s weapons programme

The recent crypto market crash has made its way to North Korea, where hackers are bearing the brunt.

The isolated country relies on stolen crypto to fund part of their weapons program.

But as crypto holdings drop by millions of dollars, the nation is reportedly scrambling to find new ways to fund Pyongyang’s missile plans.

North Korea has ramped up its stolen crypto assets in recent times leading to one of the largest cryptocurrency heists on record earlier this year.

Hackers allegedly stole $615 million worth of crypto prompting the U.S. tplace a warning about potential workers who are hiding their identities to find jobs abroad.

Meanwhile, crypto holdings have decreased in value with the market sliding below $1 trillion for the first time since January 2021.

Katerina Kostakos contributed to this report

Money

Why are airlines after the Biden Administration?

Published

2 hours ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

News

U.S. competes to stay ahead of China on ‘AI ‘ weapon systems

Published

3 hours ago

May 14, 2024

ticker NEWS

So, who’s winning the race so far?

America’s top priority right now is to make sure the United States—not China—lead in artificial intelligence and the U.S. Air Force just took a big step in that direction.

The Air Force is incorporating ‘AI’ and machine learning for its future fleets.

Top officials say the ‘AI’ controlled aircraft could be on track to be as good as any human pilot.

Oz Sultan, the Chief Strategist with the Sultan Interactive Group joins Veronica Dudo to discuss.

#IN AMERICA TODAY #trending #AI #AIwarfare #AIaircraft #artificialintelligence #UAairforce #China

News

EV market witnesses unprecedented price cuts

Published

1 day ago

May 13, 2024

Nathan Langridge

Established brands like Peugeot and Nissan are slashing prices by significant margins to compete with emerging Chinese EV competitors.

Facing a dual challenge of a decelerating growth in EV adoption and a surge in competitively priced alternatives from Chinese manufacturers like BYD and MG, traditional automakers are forced to enact substantial price cuts to clear inventory.

This trend reflects the fast pace within the market and signals the formidable struggle for dominance in the EV space. #featured #trending